Search form

Search form

Madison, Wis., has reached a tentative deal with a developer to fund $3.4 million worth of a $60.6 million mixed-use project downtown. "We're just happy to finally arrive at this point," Hovde Properties President Michael Slavish said. The city's offer is less than Hovde's request for $4.1 million in tax incremental financing. The complex would bring 11,000 square feet of retail space, a Fire Department office and 255 apartments.

Related Summaries

The Hard Rock Hotel in Las Vegas is currently undergoing a series of upgrades, and the makeover of its Center Bar and the casino pit surrounding it will cost an estimated $3.4 million. The new design for the Center Bar has yet to be revealed, but will span 3,197 square feet.

A private placement pulled in $3.4 million for MetaStat. The Boston-based diagnostic company said it will use the money for a variety of purposes, including conducting additional studies on its diagnostic tools MenaCalc and MetaSite Breast. The company is planning to release the two products next year.

The estate of former Georgia Gov. Carl Sanders has donated $3.4 million to the University of Georgia School of Law. The school will use $2.4 million to create a scholarship fund, with the rest of the money earmarked to support a faculty position.

The town council has approved a $3.4 million solar energy system for the roof of a sports arena under construction in Amherstburg, Ontario. Essex Energy, a subsidiary of Essex Powerlines, will lease the 43,000 square feet of rooftop from the town, located between Windsor, Ontario, and Detroit.

The Massachusetts Life Sciences Center has granted $3.4 million in "Accelerator" loans to seven startup companies as part of the state's $1 billion life sciences program. Spectroscopy systems supplier Spectra Analysis and medical-device firm Wadsworth Technologies are among the loan recipients.